Location:Jacksonville, FL

Acquisition Date:12/14/2018

# of Buildings:3

Purchase Price/SF:$85.57

Tenant:Multi-Tenant

Portfolio Fit: Salisbury Business Park is a 3 building portfolio totaling 168,800 SF, 100% leased to a variety of tenants, including one building that houses a postsecondary education center that offers vocational career training in healthcare, and two additional light industrial buildings serving a wide range of high-quality users, including industry leaders in business supplies and disaster recovery industries. Buildable land on the property has allowed us to start development of a 40,572 square foot building coming on line during 2023.

City, Location:Jacksonville, FL

Acquisition Date:9/10/20

# of Buildings:6

Purchase Price/SF:$65.80

Tenant:Multi-Tenant

Portfolio Fit: 8451 Western Way is leased to a diversified and stable tenant mix including storage, logistics, military personnel logistic support, building product suppliers and sports operation. With Jacksonville having a transportation network embracing port and air cargo facilities, rail and trucking routes there is limited availability, and high demand of industrial property in this market.